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Hello my xbox 360 s has a flashing red light in the middle when you power it on it has no input to the tv and a loud fan ive fully cleaned the xbox and reapplyed heatsink not sure what to do next Thanks

Now I may be wrong, but from what I have heard is that once you get the red ring of death I believe that it is game over. All my friends who have ran into this problem told me they had to get a new xbox. However, hopefully you can find a way to fix it instead of doing this!